3. U.S economy grows 3.5%

  • The U.S economy grew 3.5 per cent in the 3rd quarter.
  • 3.5 per cent GDP growth for July, August and September compared to 4.6 per cent GDP growth in 2nd quarter; 2.1 per cent decline in 1st quarter. 
  • U.S. Secretary of Commerce: 'Today’s advance estimate of real GDP shows that America’s economy is coming back'. 
  • Comes after yesterday's Fed announcement about the end of QE